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Fitch

‘B’-rated countries: Budget’s interest-to-revenue ratio higher than median rate: Fitch

Published 17 Jun, 2026 05:36am

ISLAMABAD: The 2026-27 budget’s interest-to-revenue ratio, projected at 39.1 percent, is substantially higher than...

Budget FY27: Govt tries to make sure IMF stays in good humour

Updated 13 Jun, 2026 08:32am

Rs18.77trn budget presented • Rs7.02trn fiscal deficit targeted • Development expenditure squeezed • Tax collection target raised to Rs15.26trn • 4pc economic growth rate set • Defence spending up 18pc • Agriculture, retail and real estate sectors still remain unscathed from due taxation

OPEC+ hikes oil production quotas without mentioning UAE pull-out

Updated 03 May, 2026 10:19pm

Seven major producers will add 188,000 barrels per day to their total production quota for June

Rating firm Fitch sees no near-term impact of UAE exit from OPEC

Published 30 Apr, 2026 04:42pm

'In the near term it doesn’t make any difference at all,' Paul Gamble says

AI stocks drive South Korea, Taiwan to record highs

Published 22 Apr, 2026 07:05am

BENGALURU: Equities in Taiwan and South Korea scaled record highs on Tuesday, driven by flows in AI companies, while...

Economic strategy

Published 18 Apr, 2026 06:02am

EDITORIAL: Finance Minister Muhammad Aurangzeb while attending the International Monetary Fund/World Bank spring...

The spring World Bank/IMF meetings

Updated 15 Apr, 2026 08:33am

EDITORIAL: As the spring 2026 meetings of the World Bank/International Monetary fund gets under way in Washington DC...

Fitch affirms Pakistan’s credit rating at ‘B-’

Updated 14 Apr, 2026 09:15am

ISLAMABAD: Fitch Ratings has affirmed Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-’ with...

Fitch Ratings affirms Pakistan’s long-term debt ratings at B-, outlook stable

Published 13 Apr, 2026 04:44pm

Says Pakistan’s ceasefire diplomacy could yield strategic gains amid external pressures

UAE’s property sector faces reckoning after Iran strikes

Published 05 Mar, 2026 10:45am

Developers that had been selling out off-plan launches within hours now confront a sharply changed demand backdrop

Fitch Ratings affirms long-term debt ratings at ‘B-’, assigns recovery rating of ‘RR4’

Published 22 Jan, 2026 04:57am

ISLAMABAD: Fitch Ratings has affirmed Pakistan’s long-term debt ratings at ‘B-’ and assigned a Recovery Rating...

Pakistan eyes return to global bond market after 4 years: Bloomberg

Published 20 Jan, 2026 01:55pm

Pakistan is also eying to launch firt-ever panda bond in coming weeks

Pakistan plans Eurobond issuance in 2026: Bloomberg

Updated 13 Nov, 2025 10:05pm

Development comes as Pakistan push to diversify funding sources, says the report

Pakistan plans Eurobond issuance under GMTN program in 2026

Published 22 Oct, 2025 01:52pm

Finance Minister Muhammad Aurangzeb on Wednesday said that Pakistan plans to re-enter the international capital...

Pakistan eyes stronger capital market ties with China, says Aurangzeb

Published 01 Sep, 2025 11:13am

Finance Minister Muhammad Aurangzeb, in a meeting with Hongta Securities Chairman Jing Feng in Beijing on Monday,...

Fitch keeps India rating, flags high debt, US tariff risks

Published 25 Aug, 2025 04:34pm

Credit-rating firm Fitch maintained India’s sovereign rating at ‘BBB-’ on Monday, citing levels of fiscal deficits...

Pakistan’s real GDP growth to accelerate to 3.5% by 2027, Fitch says

Updated 18 Aug, 2025 09:29pm

Pakistan banks set to benefit from better opportunities to generate business volumes due to improving operating conditions amid receding macroeconomic headwinds, rating agency says

Moody’s upgrades Pakistan’s ratings to Caa1, changes outlook to stable

Updated 13 Aug, 2025 07:50pm

Rating reflects Pakistan’s improving external position, says credit rating agency

Fragility not recognized

Updated 14 Jun, 2025 08:02am

The history of Pakistan’s economy can be aptly summarised in three words: fragility not recognised. That since...

Fitch upgrades Pakistan’s rating: macroeconomic stabilisation acknowledged

Updated 30 May, 2025 10:49am

Monthly Economic Update released by Finance Division says fiscal indicators demonstrate enhanced management discipline

Fitch puts Taiwan life insurers on downgrade watch after currency surge

Published 16 May, 2025 10:55am

TOKYO: Credit ratings agency Fitch on Thursday placed five Taiwanese life insurers under review for potential...

Pakistan and rating agencies

Updated 28 Apr, 2025 07:46am

The history of Pakistan’s rating by all three international agencies — Standard and Poor’s (S&P), ...

Rating upgrade by Fitch

Published 17 Apr, 2025 06:08am

EDITORIAL: Fitch has upgraded Pakistan’s long-term foreign currency issuer default rating from CCC+ to B- which is...

Rating upgrade by Fitch

Published 16 Apr, 2025 06:24am

It’s indeed a matter of great satisfaction that global rating agency Fitch has upgraded county’s foreign credit...

Fitch upgrades Pakistan’s forex IDR to ‘B-’

Updated 16 Apr, 2025 09:23am

ISLAMABAD: Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “B-” from...

Fitch’s upgrade to boost economic agenda: Aurangzeb

Published 16 Apr, 2025 05:55am

ISLAMABAD: Fitch Ratings’ upgrading of Pakistan’s rating from “CCC+” to “B-” is a strong expression of confidence in...

Fitch thinks South Africa will struggle to stabilise debt as projected in budget

Published 14 Mar, 2025 04:40pm

JOHANNESBURG: Fitch ratings agency said on Friday that it thought South Africa’s government would struggle to...

China rolls over $2 billion loan to Pakistan

Published 08 Mar, 2025 11:17pm

Pakistan needs to repay over $22 billion in external debt in fiscal year 2025, including nearly $13 billion in bilateral deposits

Fitch cuts Nissan rating to junk status, following Moody’s downgrade

Published 26 Feb, 2025 05:20pm

TOKYO: Fitch Ratings said on Wednesday it has downgraded Nissan Motor’s rating to junk-status BB+ from BBB-,...

Second top agency warns of Trump threat to World Bank’s triple-A rating

Published 11 Feb, 2025 06:16pm

LONDON: Fitch has become the second top rating agency to warn that the prized triple-A credit scores of the World...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Fitch

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